Monday, May 8, 2017

JAB Buying Panera Bread

JAB has a controlling interest in Krispy Kreme and ownership interest in Keurig Green Mountain, Peet's Coffee & Tea, Caribou Coffee, and Einstein Bagels.

Forbes.com Article

USA Today Article

Saturday, April 29, 2017

Internet Immune....or "Less Immune" Retail

Creating this list was an exercise I thought worth the time and effort.  I wondered what a comprehensive list of Internet immune, or should I say "less immune", retail looked like in today's world.  For this effort, I did not include restaurants. 

We all need to be cognizant of who we represent, the tenants we call for space, and the tenants who occupy retail properties.  Tenant mix has always been very important, however it's more important now than ever. 

With technology, the rate of change in our world is becoming faster and faster.  Therefore, our business will be dramatically different 5 years from now.  I'm not here to say it will be either good or bad.  We simply need to be shifting, adjusting, and finding new opportunities. 

I hope this list helps.  What would you change or add?

Special thanks to some of the Retail Brokers Network members who contributed to this list. 


Arts & Crafts
Auto Parts
Auto Repair
Automotive Sales - New & used
Bike Shop
Blow Dry Bar
Cable/Internet Providers - Ex. Comcast/Xfinity
Car Wash
Cell Stores - Agent stores
Check Cashing
Childcare
Chiropractic
Coffee
Cosmetics
Credit Union
Dance Studio
Dental - Ex. Aspen, Smile Exchange
Discount Clothing - Ex. TJX, Ross
Doctor
Dollar Stores
Drugs - Immediate prescription
Dry Cleaning
Entertainment - Movies, Skyzone, rock climbing, go-carts, trampoline, etc.
Eye Doctor
Eye Glasses
Finance
Fitness
Florist
Furniture
Gas & Convenience
Groceries - Perishables
Hair
Hardware / Home Improvement
Healthcare
Home Furnishings - ex. Just Cabinets
Hotels
Insurance
Jeweler
Laundromat
Learning Services - ex. Sylvan, Kumon, Huntingdon
Martial Arts
Massage
Mattress
Medical Marijuana
Medical Testing - ex. Quest Diagnostics
Men's Business Clothing - ex. Men's Warehouse
Motor Cycle Dealer
Nails
Orthodontist
Paint Stores
Party Goods
Pet Supplies
Pool Supply
Real Estate Office
Rehab/Physical therapy
Rental Car
Salon
Second Hand Clothing - ex. Clothes Mentor, Plato's Closet
Shipping - Ex. FedEx, UPS
Shoe Stores - Ex. DSW
Signs - Ex. Fast Signs
Spa
Specialty - Cycle Gear
Specialty - Kids First Swim
Sporting Goods - Smaller versions
Staffing
Tanning
Tax Prep
Tobacco/Vape
Uniform Store
Urgent Care - Ex. Concentra, Patient First, Aspire
Veterinarian
Weight Loss - Ex. Jenny Craig
Wine & Beer
Yoga Studio

Thursday, April 27, 2017

Kohl's Opening Stores

Kohl's opening stores.
Old stores about 100k SF.
New stores about 70k SF.
Online sales flat where Kohl's stores closed. 
Kohl's online sales increased 12% last year.


PYMNTS.com Article

Tuesday, April 25, 2017

American Retail at a Historic Tipping Point

NY Times Article
 
I enjoyed this article as it helps tell today's retail story better than many of the articles I have read.  Retail is changing and evolving.  To many people, in the segments most affected, it may seem like the sky is falling.  However, on a larger scale, it isn't.  Change in life is a constant and retail is experiencing it.  If retailers and industry particpants who have not changed and evolved with the marketplace end up folding, is it the market's fault or that of the retailer/particpant?  With technology and instant access to information via the Internet, the rate of change in general has sped up exponentially.  It's not just retail that's changing so quickly, it's the world.  Retail is just a small part of it.  So, for many who have been in the retail world for decades, today's evolution seems like a cataclysmic shift.  Embrace this change.  Figure it out and then work with it.  There's a silver lining filled with advantages.  You just have to work to uncover it.